. >>> back home tonight, many eyes will be on cyclist lance armstrong who will sit down with oprah in the coming weeks on a campaign to rehabilitate his reputation. >> reporter: in his last interview with oprah nearly two years ago, lance armstrong got a hero's welcome. now disgraced and labeled as a cheater, he'll face a much tougher audience next week when he sits with her again. but if as expected, armstrong confesses to doping it will likely come after the statue of limitations of perjury ran out. following this strong denial under oath. >> if it can't be any clearer, i have never taken drugs. >> reporter: still an about-face could land him in serious hot water. he's still facing a suit that's tightly under seal and threats from a promoter that wants $7.5 million back. and yet, armstrong texted the ap, i told oprah to go wherever she wants and i'll answer the questions directly, honestly and candidly. >> he's setting himself up for more trouble. and he's in loads of trouble now. >> reporter: many believe in doing so, in confessing as a last-ditch attempt to get back into competito